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Daily Headlines
Woman accused of Railroad Retirement fraud
(The Associated Press circulated the following on July 23.) PHILADELPHIA — A woman defrauded federal agencies out of nearly $270,000 in death and retirement benefits by failing to reveal her remarriage following the death of her first husband, and failing to reveal...
Panel backs plan to upgrade Metra route
(The following story by William Presecky appeared on the Chicago Tribune website on July 24.) CHICAGO — Kane County transportation officials are lining up behind an effort by Metra to secure the federal funding needed to greatly improve capacity and speed on its Union...
Testimony starts in LIRR conductor’s cancer suit
(The following story by Steve Ritea appeared on the Newsday website on July 24.) NEW YORK — Testimony began yesterday in a case brought by a former Long Island Rail Road conductor who claims he developed cancer after years of walking through smoke-filled cars to...
UP wreck leaves train crew injured
(The following story by Matthew Watkins appeared on the Bryan-College Station Eagle website on July 23.) BRYAN, Texas — A collision between a Union Pacific train and a piece of construction equipment being towed by an 18-wheeler in Leon County put the train's...
Box chained to Ohio rail bridge is detonated
(The following report appeared on the Toledo Blade website on July 24.) TOLEDO, Ohio — Trains, boats, and street traffic were stopped and nearby condominiums were evacuated yesterday while authorities blew up a box found on a Norfolk Southern railroad bridge over the...
UP senior VP exercises stock options
(The Associated Press circulated the following on July 20.) NEW YORK — A senior vice president at railroad operator Union Pacific Corp. exercised options for 10,000 shares of common stock under a prearranged trading plan, according to a Securities and Exchange...
CSX train hit by runaway Army train
(The following story by Catie O'Toole and John O'Brien appeared at Syracuse.com on July 24.) SYRACUSE, N.Y. — Two out-of-control Army freight cars carrying containers marked "flammable liquids" and "explosives" barreled down eight miles of track at more than 45 mph...
CN slashes outlook, posts lower profit
(The following story by Brent Jang appeared on the Globe and Mail website on July 24.) TORONTO — Canadian National Railway Co. has considered breaking itself up into real estate and train operating entities, but doesn't see any compelling reason to undergo such a...
CN announces new, larger share repurchase program, declares third-quarter 2007 dividend
(CN issued the following on July 23.) MONTREAL — CN announced today that its Board of Directors has authorized a normal course issuer bid to purchase for cancellation up to 33 million, or 6.6 per cent, of the common shares outstanding of the Company not held by its...
CN halves earnings forecast
(The following story by Chris Sorensen appeared on the Toronto Star website on July 24.) TORONTO — Canadian National Railway Co., which recorded a 29 per cent drop in second-quarter earnings, has lowered its full-year guidance as the railroad attempts to rebound from...
